Job Description
About the Company:
A UK private equity investor has agreed on preliminary terms to purchase a majority share in an SME (the "Business"), which is one of the world's top 100 experiential marketing agencies. The company has offices in the UK and the US and serves blue-chip customers in technology, gaming, entertainment, sports, and automotive. They provide award-winning marketing activations on a worldwide scale.
The company is well-established, having been in operation for over 10 years, with offices in West London and on the East Coast of the United States. It employs fewer than 60 people and has revenues of more than £20 million. The company is now owned and administered by two founders who work part-time. This is made possible by a well-trained staff of high-quality departmental heads who drive day-to-day operations.
The founders will remain substantial minority stockholders and want to hand over control of the company to new senior management, including a CFO and a CEO. The founders will stay involved in the business on a part-time basis for at least two years, providing a new CEO with a smooth transition of leadership. Once transitioned, the founders want to become progressively non-executive but supportive as long-term directors and shareholders.
...